Released on = November 13, 2006, 4:06 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Commercial banking in China is victimized by the problem of
less bad loans, which were reported to be 116.8 Billion Yuan in the beginning of the
year 2006.

Press Release Body = China’s commercial banking sector is plagued by less bad
loans, which were reported to be of 116.8 Billion Yuan by twelve joint stock
commercial banks in the beginning of 2006. Non-performing credit ratio for key
commercial banks in China slid to 7.6%, down by 1.3% points over the start of this
year (2006). China Banking Regulatory Commission’s statistics show that bad
debt in state commercial banks came down by 16.4 Billion Yuan, to reach 1.1 Trillion
Yuan, by the end of Sep 2006. Bad debt ratio for these banks reached 9.3%, which was
down by 1.2% points over the start of this year.

Towards the end of 2006, China will open up its financial sector, as per its
commitment to WTO (World Trade Organization). Full entry of foreign banks will
result in a great transformation in the outer environment of the commercial banks in
China.

However, they will only be able to survive if they enhance income from businesses,
besides interest rate, and improve capability of enhanced performance and service to
customers. Commercial banks need to try to change the loan and credit structure,
effectively and efficiently control the over-fast increase of long and mid -term
loans, and develop credit services that drive consumption.

“The financial institutions in China have reported around 724 law-breaking
cases so far, almost 190 fewer than the number in 2005. Financial institutions in
Chinese banking sector ought to pay great attention to this type of cases, enhance
corporate governance and establish long-term mechanisms to prevent risks”,
said a RNCOS analyst who has recently researched a report on “China Banking
Sector Analysis (2006-2009)”.

This research report on “China Banking Sector Analysis (2006-2009)”,
also addresses some interesting issues for today’s Global business
environment:

- Get insight in to current trends in the performance of market.
- Pinpoint sectors for growth and identify the factors driving change.
- Opportunities, Strategies and challenges in the banking industry.
- Identify market as well as brand leaders, plus, gain an understanding of
competitive environment.
- The services drive the Banking Sector in China.

The report further provides extensive research and objective analysis on the growing
banking industry, their product quality, and their services in India. This report
helps clients to analyze the leading-edge opportunities critical to the success of
the banking Industry in China.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM056.htm
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